Main Residence Exemption 

A practical approach to mitigating risk, how to identify and rectify potential breaches and how to simplify complex arrangements involving property

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Setting straight the Main Residence Exemption rules
Managing complex situations
Opportunities you can't afford your clients to miss out on

 

Using real life scenarios, we explore the myths surrounding the exemption and the many concessions and opportunities contained within the provisions that you need to be aware of to minimise tax liabilities for your clients.

 

The main residence exemption rules can be easy – but only if you are dealing with a very basic situation. But step outside that very basic situation and the rules can become very complex and confusing, even for experienced practitioners. 

Who should attend?

 

The main residence exemption rules can be easy – but only if you are dealing with a very basic situation. But step outside that very basic situation and the rules can become very complex and confusing, even for experienced practitioners. 

 

 

 

 

Recorded 14 March 2019

 

  • Options for applying the exemption when individuals become spouses and have multiple properties that could qualify
  • When the exemption can and can’t apply to the disposal of vacant land
  • What clients need to do to prove that they have established a property as their main residence
  • The impact of using a property to earn income, including whether the absence rule can apply to Airbnb rental arrangements
  • When clients are treated as if they have reacquired their property for CGT purposes
  • Applying the exemption while a dwelling is being built or renovated

Our Presenter

Michael Carruthers

Tax Director, Knowledge Shop

Michael Carruthers Director Knowledge Shop

Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Hayes Knight group’s national tax committee. 

 

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy. 

 

He is a member of the advisory panel for the Board of Taxation and is a member of the reference group for the Board of Taxation’s review of small business concessions. He was also an expert panel member for the Board's review of tax impediments facing small business. Michael was the 2016 Thought Leader of the Year at the Australian Accounting Awards.

 

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Register

 

Individuals

$195 Member
$235 Non-member

 

 

Office

$350 Member*
$390 Non-member*

 

*The office rate applies per office location (maximum 10 participants per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.

 

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  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
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  3. For Offices (access for up to 10 individuals from the same firm): 
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    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

  

 
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All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.  Refunds are only possible if the webinar recording has not been accessed.